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If You Invested $100 In This Stock 15 Years Ago, You Would Have $500 Today

Benzinga Real-time News ·  Jan 30, 2023 15:04

Pioneer Natural Resources (NYSE:PXD) has outperformed the market over the past 15 years by 4.5% on an annualized basis producing an average annual return of 12.08%. Currently, Pioneer Natural Resources has a market capitalization of $54.54 billion.

Buying $100 In PXD: If an investor had bought $100 of PXD stock 15 years ago, it would be worth $528.62 today based on a price of $229.56 for PXD at the time of writing.

Pioneer Natural Resources's Performance Over Last 15 Years

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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